Who’s looking for a profitable property?
This home is in good shape, with solid bones! It just needs an update. Renovated, similar-sized linked houses in the area have sold as high as $715K! Even partially updated properties are consistently selling over $600K.
For a little more than the price of a condo, buyers get a full house, a yard, a garage, a shed with power, and although it’s linked you don’t share above-ground walls with any neighbours! Big-ticket items are in good shape with only 2 windows left to be updated, and a roof that’s only a couple years old.
How can you profit?
- Fix and Flip – Fully renovated comps are uncommon in the area but the last one, sold over $700K! Or for less work, you could just wholetail it. Even partially renovated comps are consistently selling over $600K!
- Rental Property – Rent it as a clean starter-home rental in Bowmanville for $2,100-$2,400/month based on comparable 2-bedroom homes in the area. The small footprint keeps the rental simple, and the 1-car garage, driveway parking, yard, and powered shed give tenants more value than a basic apartment.
- Realtors: Bring Your Buyers – This home is perfect for first-time buyers. Affordable, and though a little dated, is move-in ready. Help your buyers save over $100K on their first home! A handy end user can renovate gradually and improve value over time. Add your desired commission
SUMMARY:
– LOCATION: Bowmanville, ON (Concession Rd 3 & Liberty St N)
– PURCHASE PRICE: $399,900 Or Best Offer
– AFTER REPAIR VALUE: $650,000
– CLOSING: September 24, 2026 (This is an assignment sale.)
– TYPE: Link, Raised Bungalow
– BEDS/BATHS: 2 beds/ 1 bath
– PARKING: 1 garage plus 1 driveway
– BASEMENT: Finished
– SQFT: 529
– LOT: 29’ x 115’
– AGE: 1993
– PROPERTY TAX: $3,481 (2025)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– Cosmetic updates as desired.
– Only 2 windows not yet updated.
– No AC currently.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Small scope of work and affordable renovation project!
– Roof only a couple years old
– Backyard shed with electricity.
– Affordable entry point for a rent-ready home!
LISTING ID: 0626-BOW-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Josea Dussard, Tobias King & Georgia Godfrey
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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